December 24: Notable Company Developments and Market Status

Stock Market Developments on December 24

As of December 24, 2025, we have compiled noteworthy company news from Borsa Istanbul. Among the prominent developments today are Bim (BIMAS), ARD Bilişim (ARDYZ), Doğuş Otomotiv (DOAS), VBT Software (VBTYZ), and Kordsa (KORDS).

BIMAS's New Strategy

Bim (BIMAS) has decided to abandon its plans to establish a digital participation bank and instead, it will establish a traditional participation bank. This development has attracted the attention of investors and the market.

ARDYZ Signs a Contract

ARD Bilişim (ARDYZ) has signed a contract worth 18.60 million TL with a private company for the ‘Hardware Upgrade and Capacity Increase of Data Backup Devices’ to be used in Türksat Data Centers.

New Agreement from DOAS

Doğuş Otomotiv (DOAS) has signed a letter of intent for a new agreement regarding the sales and after-sales service of Volkswagen-branded passenger vehicles in Syria. This agreement could strengthen international operations.

VBTYZ and SGK Collaboration

VBT Software (VBTYZ) has signed a contract worth 207.4 million TL with SGK for “Medula and Insurance Database Software License Updates and Support Maintenance Services.” This will provide significant support for the company’s growth strategy.

KORDS's Major Credit Agreement

Kordsa (KORDS) has signed loan agreements totaling 200 million dollars and 50 million euros with five financial institutions. This credit will be used in the company's future projects.

Global Market Conditions

In global markets, risk appetite remains high due to the better-than-expected growth in the U.S. However, trading volumes continue to decline due to the Christmas holiday with many exchanges closed.

Recent Developments in the Turkish Economy

The BIST 100 index on Borsa Istanbul started the day at 11,317.01 points, up by 0.24%. The Ministry of Trade stated that the increase in the minimum wage will not be allowed to cause price hikes. Additionally, the dollar is trading at 42.84 TL, while the euro is trading at 50.65 TL.

Key Points for Investors

Considering the day’s developments, investors should take into account market volatility and adjust their strategies accordingly.